• Deliveries Plus - New Release - Deliverable Swap Futures Updates

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 13-235
      • Notice Date
      • 21 May 2013
      • Effective Date
      • 22 May 2013
    • Please be advised new functionality and changes have been made to Deliveries Plus for Deliverable Swap Futures and will be available for testing in the New Release environment beginning the afternoon of May 22, 2013.
      Deliverable Interest Rate Swap Futures
      To support Deliverable Swap Futures, updates have been made to the intent functionality in Deliveries Plus. Firms going through a delivery of a Deliverable Interest Rate Swap future will be required to submit intents to Deliveries Plus.  Deliveries Plus changes include the ability for firms to enter intents either through the user interface or via an intent upload and ability to make revisions to intent submissions through the Intent List functionality.
      Requirements for submitting intents via the “Intent Upload” are outlined in Clearing Advisory # 13-029.
      Clearing will support New Release intent entry throughout the week to simulate the 5-day submission required prior to Last Trade Date. All entries will be finalized on the Friday of each week at 10 am CST.  Interest Rate Swap clearing firms will receive clearing confirms by 5:00 pm CST and Interest Rate Swap information will be available on the end of day reports.
      If there are any questions, please contact Deliveries at 312.930.3172 or email at clearinghousedelivteam@cmegroup.com .


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